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ICBA Bancard Announces Expanded Role of TCM Executive Joe Shallow

Washington, D.C. (January 15, 2010)—ICBA Bancard, the payments-services subsidiary of the Independent Community Bankers of America (ICBA), today announced that TCM Bank Senior Vice President of Business Development Joe Shallow will take on an expanded role and also serve as executive vice president of business development for ICBA Bancard.

“Over the past three years, Joe has proven to be an incredible asset to TCM Bank,” said Linda Echard, president and CEO of ICBA Bancard. “We are thrilled that Joe’s talents will now also serve ICBA Bancard in that same capacity. Along with his duties with TCM, Joe will work with ICBA Bancard to identify new product and service opportunities while emphasizing the importance and value that electronic payments offer.”

ICBA Bancard, which is the premier provider of payment services for the community banking industry, offers card services, including debit and credit, risk-management tools and merchant processing to community banks nationwide.

Shallow joined TCM Bank in 2007 as senior vice president of business development, and continues to oversee all aspects of business development, marketing and relationship management. His background includes nearly 30 years experience in the financial services industry, including retail banking, electronic payment services, marketing, client relations and compliance. Prior to joining TCM Bank, Shallow worked in various senior management positions for a large payment processor, and also served as a senior manager with several ATM networks. He holds a B.S. in business administration from St. Joseph’s University and a M.A. in management from Central Michigan University.